Barra Roantree
๐ค SpeakerAppearances Over Time
Podcast Appearances
Our local property tax is, on average, โฌ300 per house.
It's far below what it is even in the north, right?
It's far below any modern country.
And it is much more of an economically damaging tax.
So again, the case that you can make, I think, for doing the type of thing Jim McAllen said is shifting taxes away from income and onto property.
But again, that's not something any ministers are suggesting.
I don't see them either suggesting that they'll cut their budget by 1.5 billion.
So once again, it comes down to, is this really going to be something that we can afford to do?
And is this really the group to prioritise at this time?
Because again, you only pay this if you're above 44,000, as you said.
We've just heard Barry say that he doesn't think that the lower rate
This 20% rate should be the priority.
So what you were talking about is a cut in income tax for very high earners and not for anyone below average earners.
Yeah, no, actually, I don't think there's that much scope for increasing revenues from the very top, from income earners.
I think there is scope in a lot of other places, for example, in terms of income from certain forms of wealth, right?
I think inheritance tax, actually, that's one where there's scope for a lot more, but we're going the other direction.
Don Leary does not approve.
I'm sure that he do not.
But again, what I think really, there are other ways of getting taxed, right?
And local property tax, for me, I think would be an actual one that would improve the way the economy functions.